Abra announced new crypto rewards card ‘Abra Crypto Card’.
A press release on June 10, Friday, revealed Abra’s big plan to launch a new digital asset rewards card. The financial services company in the field of Crypto, Abra, said that the new rewards card will deal in US dollars. This new card goes by the name Abra Crypto Card.
Features and Benefits of Abra Crypto Card
This new rewards card by Abra offers a crypto back. The card offers this backing for any purchase amount or category.
According to the press release on June 10, the Abra Crypto card is usable without the fear of incurring any foreign or annual transaction fee. Similar to Amex, the Abra rewards card will offer many benefits like the American Express. Some of these advantages pertain to travel, shopping, entertainment, dining and much more.
A Safer Way to Trade NFTs
Abra had earlier announced an integrated approach to the selling and buying of Non-Fungible Tokens (NFTs). According to the company, this trading method will remove the risks synonymous with Decentralized Finance (DeFi) Wallets.
The goal of the company Abra is to provide an open international system that any crypto trader can access easily.
CEO and Founder of Abra, Bill Barhydt, believes that his company has made crypto trading easy for everyone. People can trade NFTs and digital assets, earn a decent interest on their crypto and make borrowings against cryptocurrency holdings. All these functions can now be accessed through one simple app by Abra.
By partnering with American Express, Abra hopes to make instant credit line available at the point of selling.